Category: Trading Videos

Hello traders everywhere. The Federal Reserve will release the minutes of its March monetary policy meeting this afternoon at 2 PM EDT. Last month, the U.S. central bank decided to maintain interest rates and hold off any further increases this year. The minutes should provide additional details for investors to understand why most Fed officials do not expect to raise interest rates in 2019.

U.S. stocks opened slightly higher Wednesday, steadying following Tuesday's decline as investors weighed data showing moderate inflation and the latest signs of caution from the European Central Bank.

The CEOs of America's biggest banks are appearing before Congress on Wednesday for the first time in 10 years, as they face new scrutiny over their practices and record profits a decade after the financial crisis. Continue reading "Stocks Flat Ahead Of Fed Minutes" →

Hello traders everywhere. The news was delivered Friday with better-than-expected U.S. jobs report that eased market fears that the economy was slowing down. The DOW traded 30 points higher, the S&P 500 climbed .35% as the energy and consumer discretionary sectors outperformed and the Nasdaq advanced 0.5% mid-day. On a weekly basis, the three major indexes performed extremely well posting weekly gains of +1.9%, 1.97%, and +2.6% respectively.

The U.S. economy added 196,000 jobs in March, according to data released by the Bureau of Labor Statistics. Economists polled by Dow Jones expected a print of 175,000. However, wage growth expanded 3.2%, below an expected gain of 3.4%.

The U.S. dollar triggered a new green weekly Trade Triangle today at $97.45 once again pausing the Chart Analysis Score to +100 and butting up against a major level of support. The dollar has traded above the $97 level 13 times on a weekly level since October of 2018 but has been unable to break through $98 each time. Will the recent push higher give the dollar a different result? Continue reading "Stocks End Week Higher On Positive Jobs Report" →

Hello traders everywhere. Well, it finally happened. Both Bitcoin and the DOW joined the party by issuing new green monthly Trade Triangles to kick off April. The DOW was first by triggering it's new green monthly Trade Triangle on Monday when it experienced a +1.27% gain or 329 pts on the day. Not to be outdone, Bitcoin made a HUGE move on Tuesday gaining 899 pts and +21.5% closing above $5,000 for the first time since Nov. 18th of 2018.

Bitcoin had been stuck between $3,500 and $3,800 for three months, but once it broke through the $4,000 wall, it appears that the Bitcoin bulls came calling. Bitcoin volume on the Binance exchange hit an all-time high on Tuesday—buying begetting more buying. However, Reuters also points to a single "mystery order" for $100 million worth of bitcoin, spread across multiple exchanges including Coinbase and Kraken, identified by U.K. crypto broker BCB Group. It will be interesting to see if this momentum can keep up or if this was an isolated incident brought on by that one big order. Make sure you keep a close eye on your stops.

Now that the DOW has joined the party it's all systems go. The DOW is now trading back at levels we last saw in early November of 2018. This will mark the third time that the DOW has tested resistance at these levels. Will the third time be the Charm? Is the DOW setup to head higher? Continue reading "Bitcoin And The DOW Join The Party" →

Hello traders everywhere. March was a month of weekly ups and downs with two weeks to the positive and two weeks to the negative, but at the end of the month, the stock market will end in positive territory with the exception of the DOW. In fact, it will close out a strong first quarter to start the year.

Both the NASDAQ and S&P 500 will post monthly gains for +2.4% and +1.54% respectively, meanwhile, the Dow will post a monthly loss of -.3%. On a quarterly level, all the indexes will post gains for the first quarter of 2019. The S&P 500 checks in with a gain of +12%, the Dow +10%, and the NASDAQ will post the biggest quarterly gain of +16%. Quite a start to the year.

After starting off the year slowly losing -.49% in January the U.S. dollar bounced back with consecutive monthly wins gaining +.90% in March. The two winning months pushed the dollar to +1.1% gains for the first quarter of 2019. Continue reading "March Was A Month Of Ups And Downs" →

Hello traders everywhere. The benchmark 10-year rate traded at 2.36% and hit its lowest level since late 2017. Investors are keeping an eye on rates after the 10-year fell below the 3-month rate last week for the first time since 2007. It is a development that investors call an inverted yield curve and is seen as an early indicator of a recession.

The U.S. Treasury yield curve has inverted before each recession in the past 50 years and has only offered a false signal just once in that time, according to data from Reuters.

Yields fell on Wednesday after Stephen Moore, who is expected to be nominated to the Federal Reserve Board of Governors, called for the central bank to cut rates by half a percentage point. Moore made his remarks in an interview with The New York Times, noting he is not a "dove" or a "sycophant" for President Donald Trump.

Key Levels To Watch This Week:

Continue reading "Falling Treasury Yield Pressures Market" →